What is efficiency in production?
What is efficiency in production?
Efficiency in production means getting a given amount of output from as few resources as possible. The resources may include workers, machines, materials, time, money and factory space.
Step-by-step lessons on AQA GCSE Business 3.1.2 Efficiency in production. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.